Cloud Computing And How It’s Important For Your Business

Clouds

Cloud computing is the latest and innovative way of running business processes through a virtual server, hence no need for a physical one within the business. You, therefore, do not necessarily need to store data and files on proprietary or local storage devices. All the company/user data is uploaded to a secure server, which is not only easy to access remotely but also much safer. Using cloud services has also made it easy for businesses to run operations remotely while allowing employees work from anywhere across the globe just as they were in the office. This reduces operational costs significantly among many other advantages.

Reasons to Embrace Cloud Computing

1. Reduced IT costs

Cloud computing eliminates the need for expensive IT equipment, systems, and their running costs. These systems provide your employees with all the computing power and resources they need to work smart and efficiently. In addition to this, you never have to worry about system upgrades, hardware, huge energy bills from running multiple servers, or even need an expert IT person. Your provider takes care of all these, leaving you to focus on the more critical aspects of your business.

2. Scalability

Scaling up or down is only a few clicks away. Cloud computing service providers make it possible for companies to buy just enough resources as per their needs. Should one need to upgrade, he/she only needs to do it with a few clicks. Such flexibility means you can take everything the market throws at your business comfortably. If running an online business and need more storage, resources, or even bandwidth, the provider will be able to give you just that. You therefore never have to worry about purchasing more expensive IT equipment or upgrades to your systems just because the company is growing.

3. Enriched Efficiency

The cloud environment also makes business to business, and employee collaboration much more manageable. Employees can hold conferences and meetings virtually via a secure connection, hence no need to show up for meetings in person. The same applies to customers. Clients can submit requests, orders, and inquiries online, where all these can be handled efficiently either remotely or by the ever-online customer care staff. This portal also provides a secure portal for accounting records and sensitive data to be transmitted while eliminating data breach.

4. Data Security and Privacy

With everything handled via a secure virtual server, company data and confidential information safety/security are guaranteed. The best thing with cloud computing is that employees can only access files and data they are allowed to. These systems provide passes that have to be approved before one can access specific files. Your data is also safe from malicious individuals, or physical damage due to fires, floods, or hurricanes.

5. Automation and Agility

Cloud computing makes it easy to handle even the most complicated requests and business processes. This is because everything is heavily automated with self-provisioning, which gives end users the ability to manage the more important requests, orders, or processes with speed. These processes also make it easy for customers to be attended to quickly and efficiently without delay. Access to files and other relevant information is automated too, hence no long queues.

Cloud computing streamlines IT business processes as much as possible. This eliminates everyday stresses where one has to deal with huge energy bills from IT equipment, data security, upgrades and such. You however need to find a good and trusted service provider to buy the best package for your business.

The Reasons Why Workplace Safety Is Important

Portrait of a mechanic repairing a car in his garage

Workplace safety is something that all business owners need to consider. There are a number of reasons why workplace safety is important. Of course, to better understand its importance, you should also know what some of the most common workplace hazards are and how workplace safety can improve it.

The Impact Of Poor Housekeeping

One of the most common workplace hazards is poor housekeeping. This is an issue which is more dangerous in certain industries such as metal fabrication. This is due to the fact that metal fabrication and other related industries make use of hazardous chemicals within their work processes. Without correct housekeeping, these hazardous materials can reach employees and cause major health issues.

Poor housekeeping can also cause injuries as it creates an unsafe work environment. If your company completes metal welding and pieces of metal are left on the floor, it is possible for workers to trip and injure themselves. This will not only create problems for your workforce, it will also increase the absenteeism rates of your business. High absenteeism can lead to a lower work morale and lower productivity.

The Happiness Of Employees

Workplace safety is not only about keeping your employees physically safe. Their mental wellbeing will also be impacted by the safety of their work environment. It is important to note that most people will spend around 70% of their day at work and if the workplace is hazardous to their health, it will impact them mentally.

When you have clear workplace safety protocols, it ensures that everyone is working and leaving a safe environment. This will make your employees more comfortable in their workplace and this increases their happiness. When happiness is increased, there is a boost to morale and this generally results in an increase in productivity.

Forklifts And Safety

If you use forklifts in your business, you need to have clear workplace safety procedures in place. The most common hazard with forklifts is actually workers feeling that they need to work quickly with them. This pressure to work quickly often leads to shortcuts being taken, which will reduce the safety of the area.

Shortcuts which are often taken include driving the forklift with too large a load and driving while distracted. The end result of this could be that the forklift hits a rack, damages a wall or runs into a co-worker. The problem is that the reaction to these end results is generally to blame the individual and instill discipline. This can lower the morale of the workplace which leads to further issues that you would want to avoid.

There are many reasons why workplace safety is very important and needs to be looked into. In many industries, if a workplace is deemed unsafe the company could be shut down until the workplace meets certain standards. If you work in an industry that does not face closure, a hazardous workplace can still cause major issues. The most common issues will be lower morale, high absenteeism and lower productivity.

The Entrepreneur and the Law of Attraction: The Power of Positive Thinking

Ever heard about the Law of Attraction (LOA)? A lot of life coaches and motivational speakers encourage people to adopt this principle to be able to achieve what they want in life. But did you know that you can use the LOA to create a business that attracts the right customers and clients? That’s the truth between LOA and the entrepreneur. The power of positive thinking must play a central role in achieving the goals of a business.

What is the Law of Attraction?

LOA states that based on vibration and energy, like attracts like. That means the energy you put into everything you do, say, and think determines the kinds of things you attract into your life. Your actions, feelings, and thoughts should be consistent with your goals for them to be realized.

How is LOA relevant to a business?

When applied to your business, LOA involves not only thinking about your business but also concentrating on the kind of clients and customers you want to deal with and the success you desire for your business. This mindset is in stark contrast to that of a business owner who always worries about problems such as difficult clients and customers, lack of money, and even the troubles of building a profitable business.

Obsessing about difficult clients and customers will never help in attracting the kind of people you want to do business with. Likewise, if you worry a lot about financial problems, then you are more likely to suffer from these woes.

If you have lots of negative thoughts and feelings about your business, you can still reverse it to ensure success. Focus on the positive—adopt the LOA principle. Constantly remind yourself why you have become an entrepreneur in the first place. Try to imagine what your business would look like if you could achieve your goals. Positive thinking can indeed do wonders on how your business will perform in the long run.

Women Business Grants: Empowering Women in Australia to Help Themselves

Studies have proven that women entrepreneurs perform much better than businessmen. Women are also more likely to start a successful business than men, according to research. That is why the Australian government and some organizations provide women more than 1,000 business grants at the national and state levels. These grants are intended to help women start their own businesses as well as to encourage more women to participate and compete in the world of business.

What is a woman business grant for?

On a larger scale, providing business grants is one way of empowering women. Business grants assist women in starting or growing their businesses, whether at home or small-scale enterprise. Every year, thousands of women business grants are offered to those who want to start businesses such as consulting, record labels, arts and crafts, brokerage, and others.

Grants vs. loans: How are they different?

It is important as well to know the difference between business grants and business loans. With a business grant, you do not have to pay anything back. On the other hand, you are responsible for paying the loan plus the interest on business loans.

How to get started

If you are planning to start your own business, come up with a feasible business plan. This will help you write a good grant proposal if your prospective business has a sense of direction.

If you are looking for a small business grant, browse through various websites to find funding programs to which you are qualified. Finding grants for your business is far from simple—it involves waiting for a long time. It can take more than a year to find business grants to apply for and another few months to wait until the grant is awarded to you.

Finding a grant that suits your business is not going to be a smooth-sailing endeavor. There will always be rough edges along the way. But don’t be frustrated after spending endless hours scouring and applying for women business grants. Once you have found the one for you, you’ll be on the right track to developing your business.

Going from a Sole Trader to a Company? Here are Some Tips to Keep in Mind

Do you think it’s the perfect time to restructure your business in Australia to Proprietary Limited company (Pty Ltd)? Converting to a different business structure entails a great deal of research, financial investment, and planning. If you are considering going from being a sole trader to a Pty Ltd company, here are some tips to consider.

1. Compare the pros and cons of each business structure

As a sole trader, carefully weigh the advantages of forming a company against the costs related to the business restructuring. Especially if your business is service-based, changing your business structure can be very advantageous. For instance, a Pty Ltd can provide some form of liability protection to your personal assets that sole trading cannot. If the advantages outweigh the costs of the conversion, then go ahead with the restructuring of your business.

2. Consider the taxes

When computing the costs of forming a Proprietary Limited company, take into account the taxes you are required to pay. Corporations are often associated with the so-called double taxation wherein income is taxed twice (at the individual and corporate levels). Some business owners forego their shareholder dividend payments to avoid double taxation.

3. Do your paperwork

To set up a Pty Ltd, you need to register your company with Australian Securities and Investments Commission (ASIC) by filling out the Form 201 or the Application for Registration as an Australian Company and then mailing the accomplished form to ASIC.
If you are busy and barely have the time for paperwork, you can hire a private service provider (PSP) to take care of your company application for a fee. A PSP uses software that can directly access the systems of ASIC.

When your company has been registered, make sure that your company’s name is displayed where you conduct business, it’s open to the public, your CAN/ABN is included on any company documents, and your details are always updated.